China Railway Materials Co Ltd (000927) - Net Assets

Latest as of September 2025: CN¥10.60 Billion CNY ≈ $1.55 Billion USD

Based on the latest financial reports, China Railway Materials Co Ltd (000927) has net assets worth CN¥10.60 Billion CNY (≈ $1.55 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥20.25 Billion ≈ $2.96 Billion USD) and total liabilities (CN¥9.64 Billion ≈ $1.41 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 000927 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥10.60 Billion
% of Total Assets	52.37%
Annual Growth Rate	11.8%
5-Year Change	39.37%
10-Year Change	565.18%
Growth Volatility	241.65

China Railway Materials Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how China Railway Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is China Railway Materials Co Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for China Railway Materials Co Ltd (1996–2024)

The table below shows the annual net assets of China Railway Materials Co Ltd from 1996 to 2024. For live valuation and market cap data, see 000927 market cap.

Year	Net Assets	Change
2024-12-31	CN¥10.42 Billion ≈ $1.53 Billion	+4.49%
2023-12-31	CN¥9.97 Billion ≈ $1.46 Billion	+5.41%
2022-12-31	CN¥9.46 Billion ≈ $1.38 Billion	+8.05%
2021-12-31	CN¥8.76 Billion ≈ $1.28 Billion	+17.10%
2020-12-31	CN¥7.48 Billion ≈ $1.09 Billion	+650.29%
2019-12-31	CN¥-1.36 Billion ≈ $-198.85 Million	-1230.94%
2018-12-31	CN¥120.16 Million ≈ $17.58 Million	+36.06%
2017-12-31	CN¥88.31 Million ≈ $12.92 Million	-94.89%
2016-12-31	CN¥1.73 Billion ≈ $252.82 Million	+10.28%
2015-12-31	CN¥1.57 Billion ≈ $229.26 Million	+1.11%
2014-12-31	CN¥1.55 Billion ≈ $226.75 Million	-51.72%
2013-12-31	CN¥3.21 Billion ≈ $469.69 Million	-13.30%
2012-12-31	CN¥3.70 Billion ≈ $541.75 Million	+0.13%
2011-12-31	CN¥3.70 Billion ≈ $541.06 Million	+1.79%
2010-12-31	CN¥3.63 Billion ≈ $531.57 Million	+4.48%
2009-12-31	CN¥3.48 Billion ≈ $508.78 Million	+4.83%
2008-12-31	CN¥3.32 Billion ≈ $485.32 Million	-2.50%
2007-12-31	CN¥3.40 Billion ≈ $497.76 Million	+3.20%
2006-12-31	CN¥3.30 Billion ≈ $482.30 Million	+11.32%
2005-12-31	CN¥2.96 Billion ≈ $433.26 Million	+9.41%
2004-12-31	CN¥2.71 Billion ≈ $396.01 Million	+1.21%
2003-12-31	CN¥2.67 Billion ≈ $391.28 Million	+15.11%
2002-12-31	CN¥2.32 Billion ≈ $339.92 Million	-27.21%
2001-12-31	CN¥3.19 Billion ≈ $467.01 Million	-13.39%
2000-12-31	CN¥3.68 Billion ≈ $539.22 Million	+7.49%
1999-12-31	CN¥3.43 Billion ≈ $501.65 Million	+99.84%
1998-12-31	CN¥1.72 Billion ≈ $251.03 Million	+3.64%
1997-12-31	CN¥1.66 Billion ≈ $242.20 Million	+261.15%
1996-12-31	CN¥458.30 Million ≈ $67.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to China Railway Materials Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 257783522500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥2.58 Billion	27.68%
Common Stock	CN¥6.05 Billion	64.97%
Other Comprehensive Income	CN¥676.49 Million	7.26%
Other Components	CN¥7.66 Million	0.08%
Total Equity	CN¥9.31 Billion	100.00%

China Railway Materials Co Ltd Competitors by Market Cap

The table below lists competitors of China Railway Materials Co Ltd ranked by their market capitalization.

Company	Market Cap
CIMC Enric Holdings Limited F:E8F	$2.49 Billion
Farasis Energy Gan Zhou Co Ltd SHG:688567	$2.49 Billion
TISCO Financial Group Public Company Limited F:47TA	$2.49 Billion
Sims Metal Management Ltd F:I8M	$2.50 Billion
Hanwha Life KO:088350	$2.49 Billion
CompoSecure, Inc. NASDAQ:CMPO	$2.49 Billion
Genting Bhd KLSE:3182	$2.48 Billion
Guangdong Create Century Intelligent Equipment Group Corp Ltd SHE:300083	$2.48 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Railway Materials Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 8,908,331,397 to 9,312,341,101, a change of 404,009,704 (4.5%).
Net income of 459,088,967 contributed positively to equity growth.
Dividend payments of 114,819,761 reduced retained earnings.
Other comprehensive income increased equity by 21,950,699.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥459.09 Million	+4.93%
Dividends Paid	CN¥114.82 Million	-1.23%
Other Comprehensive Income	CN¥21.95 Million	+0.24%
Other Changes	CN¥37.79 Million	+0.41%
Total Change	CN¥-	4.54%

Book Value vs Market Value Analysis

This analysis compares China Railway Materials Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.83x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 9.78x to 1.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1996-12-31	CN¥0.29	CN¥2.81	x
1997-12-31	CN¥1.04	CN¥2.81	x
1998-12-31	CN¥1.08	CN¥2.81	x
1999-12-31	CN¥2.15	CN¥2.81	x
2000-12-31	CN¥2.31	CN¥2.81	x
2001-12-31	CN¥2.00	CN¥2.81	x
2002-12-31	CN¥1.46	CN¥2.81	x
2003-12-31	CN¥1.68	CN¥2.81	x
2004-12-31	CN¥1.70	CN¥2.81	x
2005-12-31	CN¥1.86	CN¥2.81	x
2006-12-31	CN¥2.06	CN¥2.81	x
2007-12-31	CN¥2.12	CN¥2.81	x
2008-12-31	CN¥2.06	CN¥2.81	x
2009-12-31	CN¥2.16	CN¥2.81	x
2010-12-31	CN¥2.26	CN¥2.81	x
2011-12-31	CN¥2.30	CN¥2.81	x
2012-12-31	CN¥2.30	CN¥2.81	x
2013-12-31	CN¥1.99	CN¥2.81	x
2014-12-31	CN¥0.95	CN¥2.81	x
2015-12-31	CN¥0.96	CN¥2.81	x
2016-12-31	CN¥1.05	CN¥2.81	x
2017-12-31	CN¥0.04	CN¥2.81	x
2018-12-31	CN¥0.06	CN¥2.81	x
2019-12-31	CN¥-0.35	CN¥2.81	x
2020-12-31	CN¥4.54	CN¥2.81	x
2021-12-31	CN¥1.28	CN¥2.81	x
2022-12-31	CN¥1.39	CN¥2.81	x
2023-12-31	CN¥1.47	CN¥2.81	x
2024-12-31	CN¥1.54	CN¥2.81	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Railway Materials Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 4.93%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.20%
• Asset Turnover: 1.77x
• Equity Multiplier: 2.31x
Recent ROE (4.93%) is above the historical average (-91.38%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1996	111.92%	10.46%	1.17x	9.17x	CN¥467.11 Million
1997	30.22%	8.63%	1.05x	3.33x	CN¥334.69 Million
1998	23.01%	6.94%	1.00x	3.30x	CN¥223.14 Million
1999	13.02%	7.36%	0.91x	1.95x	CN¥103.48 Million
2000	4.81%	3.88%	0.63x	1.96x	CN¥-191.22 Million
2001	-2.99%	-2.80%	0.46x	2.30x	CN¥-414.80 Million
2002	-34.07%	-19.03%	0.55x	3.25x	CN¥-1.02 Billion
2003	13.04%	6.49%	0.72x	2.79x	CN¥81.21 Million
2004	1.08%	0.52%	0.70x	2.95x	CN¥-241.53 Million
2005	8.79%	3.66%	0.96x	2.49x	CN¥-35.95 Million
2006	10.04%	4.19%	1.11x	2.16x	CN¥1.38 Million
2007	7.31%	3.17%	1.13x	2.05x	CN¥-91.01 Million
2008	3.04%	1.37%	0.99x	2.23x	CN¥-229.21 Million
2009	4.94%	1.99%	1.06x	2.34x	CN¥-174.53 Million
2010	8.31%	3.03%	1.09x	2.52x	CN¥-60.83 Million
2011	2.98%	1.12%	1.06x	2.51x	CN¥-257.29 Million
2012	0.93%	0.46%	0.82x	2.45x	CN¥-332.75 Million
2013	-15.11%	-8.72%	0.67x	2.58x	CN¥-797.52 Million
2014	-109.34%	-52.60%	0.46x	4.48x	CN¥-1.81 Billion
2015	1.18%	0.53%	0.58x	3.84x	CN¥-135.51 Million
2016	9.56%	8.01%	0.43x	2.77x	CN¥-7.48 Million
2017	-2829.22%	-113.03%	0.30x	84.51x	CN¥-1.65 Billion
2018	39.97%	3.32%	0.25x	48.37x	CN¥27.97 Million
2019	0.00%	2.21%	24.54x	0.00x	CN¥1.20 Billion
2020	14.07%	2.11%	1.83x	3.64x	CN¥271.47 Million
2021	12.66%	1.65%	1.99x	3.85x	CN¥205.14 Million
2022	8.42%	1.28%	2.00x	3.29x	CN¥-132.58 Million
2023	6.41%	1.27%	1.80x	2.80x	CN¥-319.74 Million
2024	4.93%	1.20%	1.77x	2.31x	CN¥-472.15 Million

Industry Comparison

This section compares China Railway Materials Co Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

Industry: Railroads
Average net assets among peers: $1,373,620,558
Average return on equity (ROE) among peers: 5.92%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Railway Materials Co Ltd (000927)	CN¥10.60 Billion	111.92%	0.91x	$2.49 Billion
China High-Speed Railway Technology (000008)	$-32.69 Million	0.00%	0.00x	$1.07 Billion
Nanjing Zhongbei Group Co Ltd (000421)	$1.11 Billion	8.00%	1.64x	$532.07 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$4.97 Billion	0.90%	0.06x	$1.00 Billion
Vontron Technology Co Ltd (000920)	$805.74 Million	-18.60%	0.90x	$796.72 Million
HeNan Splendor Science & Technology Co Ltd (002296)	$1.54 Billion	5.52%	0.45x	$644.19 Million
Sichuan Fulin Transportation Group Co Ltd (002357)	$1.54 Billion	9.77%	0.85x	$537.64 Million
Tianjin Keyvia Electric Co Ltd (300407)	$920.49 Million	13.23%	0.96x	$617.25 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.36 Billion	7.00%	0.73x	$1.18 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$140.60 Million	27.43%	1.57x	$1.17 Billion

About China Railway Materials Co Ltd

SHE:000927 China Railroads

Market Cap

$2.49 Billion

CN¥17.00 Billion CNY

Market Cap Rank

#5501 Global

#1117 in China

Share Price

CN¥2.81

Change (1 day)

-1.06%

52-Week Range

CN¥2.50 - CN¥3.34

All Time High

CN¥8.58